Dr. Norman BaileyIWP mourns the loss of Dr. Norman A. Bailey, a longtime Professor of Economics and National Security at IWP.
Dr. Bailey had a diverse career in the government, military, business, and academia. He served as Senior Director of International Economic Affairs on the National Security Council under President Reagan, and in that capacity was one of the principal architects of the economic strategy against the Soviet Union.
Dr. Bailey was one of the earliest faculty members at IWP teaching our course on Economic Statecraft and Conflict. It was a path-breaking course covering elements of economic strategy that had not been seriously addressed since the 1940s—which was the last time the U.S. had conducted serious economic warfare against mortal enemies. Indeed, the lack of knowledge of this subject was one of the major motivations underlying the founding of IWP.
Dr. Bailey was the model of an integrated strategic thinker—and wrote the first comprehensive public explanation of the overall grand strategy of the Reagan administration that won the Cold War.
Dr. John Lenczowski, IWP Founder, President Emeritus, and Chancellor, observed: “Norm was an historic figure who made a decisive contribution to the collapse of Soviet communism. He was a champion of American freedom and a staunch defender of Western, Judeo-Christian civilization. IWP was blessed to have such an important figure sharing his wisdom and experience with our students.”
Much of his career before serving in government was spent as an investment banker and consulting economist with a major focus on Latin America. He was President of Bailey, Tondu, Warwick, & Co. Ltd., an investment banking firm. Later in his career, he focused on the Middle East and served with the Office of the Director of National Intelligence.
He taught at the City College of New York and later in his career at the University of Haifa in Israel. He also conducted strategic intelligence and joint operational planning with the U.S. Army.
He earned his Ph.D. from Columbia University and his B.A. from Oberlin College. He was the author and editor of many books, including Latin America in World Politics and The Grand Strategy that Won the Cold War: Architecture of Triumph.
May he rest in peace.